Funding you earn now, next payment 05:00 UTC−0.0651%/8h= −71.3% APRpaid last 24h −0.039%
Price spread now: tradeXYZ against MEXC+0.007%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$540.535% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.007%, 7d avg −0.110%
=Together, before fees−0.040%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.117% dearer against MEXC than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.110%): +$12 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPT_USDT | 1,794.8 | 0.1234 | pay 0.0617% / 4h | 3h 03m | $23.6M | $604K | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,794.9 | 0.0583 | get 0.0073% / 1h | 3m 06s | $3.6M | $1.0M | 20x |
MEXC XPT_USDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$136.71
- Price spread: +0.007% → −0.110%
- $11.68
- Slippage, 4 orders
- −$35.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$178.54
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; tradeXYZ: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 1 min ago | 12.48 bp | 12.5 bp −$12 | 15.6 bp −$156 | 71.5 bp −$7,154 | 239.6 bp −$119.8K |
| Sell tradeXYZ live order book, 4 min ago | 1.39 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
XPT on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,796.6 | +0.101% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.5 | −0.181% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792.3 | −0.138% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,795.1 | +0.018% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,814.9 | +1.121% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0424% | 1h | 1,797.6 | +0.156% | $306 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0583% | 1h | 1,794.9 | +0.007% | $3.6M | $1.0M | 20x | |
| KuCoin XPTUSDTM | +0.0774% | 4h | 1,797.5 | +0.154% | $249K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0797% | 8h | 1,796.9 | +0.116% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0898% | 4h | 1,797.6 | +0.158% | $730K | $511K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1056% | 1h | 1,798.1 | +0.185% | $355K | $20K | 20x | as long as short |
| Variational Omni XPT | +0.1180% | 4h | 1,796.3 | +0.087% | $280K | $189K | — | as long as short |
| Aster XPTUSDT | +0.1192% | 4h | 1,793.2 | −0.086% | $14K | $9K | 20x | as long as short |
| BloFin XPT-USDT | +0.1211% | 4h | 1,796.8 | +0.111% | $90K | $68K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1226% | 8h | 1,796.3 | +0.085% | $954K | $617K | 50x | as long as short |
| edgeX XPTUSDC | +0.1231% | 4h | 1,796.3 | +0.085% | $39K | $282K | 10x | as long as short |
| MEXC XPT_USDTlong | +0.1234% | 4h | 1,794.8 | long leg | $23.6M | $604K | 100x | |
| Binance XPTUSDT | +0.1242% | 4h | 1,796.6 | +0.103% | $4.5M | $4.3M | 100x | as long as short |
| Bitget XPTUSDT | +0.1298% | 4h | 1,795.1 | +0.019% | $1.4M | $472K | 100x | as long as short |
| Extended XPT-USD | +0.1416% | 1h | 1,791.6 | −0.178% | $205K | $617K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1782% | 4h | 1,796.1 | +0.075% | $206K | $812K | 25x | as long as short |
Lighter XPT
Variational Omni XPT
Aster XPTUSDT
BloFin XPT-USDT
OKX XPT-USDT-SWAP
edgeX XPTUSDC
Binance XPTUSDT
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp